1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
belka [17]
3 years ago
7

Shoe-leather costs arise when higher inflation rates induce people to __________.

Business
1 answer:
S_A_V [24]3 years ago
3 0

Answer:

D - Hold less money

Explanation:

Inflation is the persistent increase in the general prices of goods and services over a period of time.

During inflation period, nobody wants to hold more of cash because the value of money gets depreciated as inflation increases  (prices of goods increase).

For example, shoe-leather costs increases when there is an increase in inflation and it makes more economic sense to purchase shoe-leather as it preserves the value of money.

You might be interested in
Reward systems (Connect, Perform)
tino4ka555 [31]

Answer:

a. reward system

b. Surface value

c. Perquisites

d. Compensation packages

Explanation:

Reward system encompasses the whole compensation packages for workers.

Base pay is the main determinant for other compensations.

Symbolic value refers to the representational value of a reward as opposed to the worth.

Compensation packages for various entities vary depending on the organization.

Indirect compensation is not directly linked to a job.

Perquisites refer to the benefits from employment.

Flexible reward system is not a fixed system, but one that flexes with other factors.

Participative pay system encourages workers' contribution in determining pay.

Surface value is the worth of a compensation to the recipient.

Incentive system refers to the employment structure that motivates employees to act in the best interest of the organization.

4 0
3 years ago
Read 2 more answers
The body that has the power to prescribe the accounting practices and standards to be employed by companies that fall under its
Gnesinka [82]

Answer:

Security and Exchange Commission (SEC).

Explanation:

The Securities and Exchange Commission (SEC) is a governmental agency saddled with the sole responsibility of regulating the securities or capital markets, as well as protecting investors in a country.

In the United States of America, the Securities and Exchange Commission (SEC) as an independent government agency was established under the Securities Act of 1933 and the Securities and Exchange Act of 1934 of the United States of America. It has the power to propose securities rules and regulations, and enforce federal securities law in the securities market.

The body that has the power to prescribe the accounting practices and standards to be employed by companies that fall under its jurisdiction is the SEC.

8 0
3 years ago
Why is it relevant that finance tends to attract large amounts of money?
djverab [1.8K]

Explanation:

An organization to be successful in the long term and competitive in the market, needs financial capital to carry out its activities, for this they open the company's capital to investors, who are the capital holders willing to inject capital into the company and receive dividends business, thus becoming a partner of that company.

It is essential that companies attract investors willing to inject a large amount into the business, as this benefits both, since a company with larger amounts of assets will produce more, have its obligations up to date and remain better positioned in the market.

To attract investors to a company, it is necessary that the company has a good reputation in the market and there is a favorable negotiation process, where there is a demonstration of results and the opportunity that the investor will have to invest his money in an organization that will generate profits.

6 0
3 years ago
The accounts of Melissa Manufacturing showed the following balances at the beginning of December: Account Debit Raw Materials In
maw [93]

Answer:

$120,000

Explanation:

Calculation to determine What should be the balance in the Work-in-Process Inventory following these transactions

Beginning balance in WIP $75,000

Add: Direct materials transferred $39,000

Direct factory labor cost $6,000

Ending balance $120,000

($75,000+$39,000+$6,000)

Therefore What should be the balance in the Work-in-Process Inventory following these transactions is $120,000

5 0
3 years ago
Match the terms to their correct definitions.
r-ruslan [8.4K]
Resume-<span>a brief account of professional or work experience and qualifications, often submitted with an employment application
Skill set-</span><span>the knowledge, experience, and abilities brought to a job or task
</span>mission statement-<span>a summary statement of the philosophy, view, and approach of a company 
</span>curriculum vitae-a summary of academic and professional accomplishments; generally longer and more involved than a traditional resume
6 0
4 years ago
Other questions:
  • Several stores in the mall sell hooded sweatshirts. each store's sweatshirts reflect the style of that particular store. additio
    15·1 answer
  • James, an administrative manager at Seal Inc., is asked to purchase 100 printers for the firm’s office. He contacts a sales repr
    9·1 answer
  • On January 1, 20X1 NCAA Company purchased a truck that cost $24,000. The truck had an expected useful life of 5 years and a $4,0
    5·1 answer
  • When buyers buy goods in a market they are doing so because A. They choose the efficient allocation. B. They do not like the oth
    11·1 answer
  • Mcdonald's extra value meal is an example of bundle pricing, a frequently used ________________ practice.
    7·1 answer
  • Based on the three documents you analyzed, write a detailed paragraph to answer the following question: How did the Islamic Empi
    7·1 answer
  • In addition to the positive welfare effects that free trade has on an economy, there are a variety of other benefits of internat
    12·2 answers
  • Which of the following would lead to an increase in the demand for golf balls?
    10·1 answer
  • 6) Una escuela tiene un total de 475 estudiantes. Se quiere extraer una muestra de 80. Explica en detalle cómo se obtiene dicha
    5·1 answer
  • Suppose that each of the only two firms in an industry has the independent choice of advertising its product or not advertising.
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!